VATupdate

Share this post on

Ruling 587: The differential for the economic rebalancing in the contract is discounted by the VAT

The difference that one company must pay to another for the economic rebalancing of the services rendered in execution of a tender is relevant for VAT purposes . Two companies entered into a rebalancing agreement among themselves, since the tender approach envisaged the presentation of an offer with a single discount on the amount of the contracted works and not an offer at unit prices.

Source: eutekne.info

Sponsors:

VAT news

Advertisements: